Tuesday, 25 July 2017
Michael Kors buys Jimmy Choo in $1.2 billion deal
Michael Kors was among several companies in the running to acquire the luxury accessories brand from JAB Luxury, including Interparfums and CVC Capital Partners.
Holdings Ltd. agreed to buy Jimmy Choo Plc for about £896 million ($1.2 billion), clinching the London-based maker of strappy stilettos, handbags and perfume.
Posted by Oluwatoyin Balogun at 13:30